A Modern Policy.
The commencement of a now ccntur naturally brings before our eyes the mai vellous strides that have been made i every department of science, and the art! the steam engine, the electric railway, th phonograph, wireless telegraphy, the cine matograph, and countless other inven tions, all point to the advance made b; science, and in the held of medicine an< surgery the great improvement in presen conditions over that enjoyed by our fore fathers is most marked. ' There is, how over, one improvement that is apt tc escape attention, yet the step forward has been oven greater than in any of those cases mentioned, and that is in life assurance, which has arrived now at such perfection that it appears almost as if the impossible had come te .pass. Take, for instance, the latest modern policy issued by the Equitable Eife Assurance Society. In this not only are the loan and cash surrender values guaranteed and written in the policy so that the assured can see at a glance the cash value of his policy from year to year, but extended insurance is also guaranteed. For example, under the endowment table, if premiums are discontinued after three years the Society will keep the policy in force for the full amount for another eleven years. The Equitable is the strongest life insurance Society in the world, being responsible to policyholders for over 2i!2 million pounds of insurance, with a surplus over all liabilities of something more than thirteen and a-half million pounds sterling. It has gigantic interest spread all over the world, -ts investments in Australasia alone amounting to over a million sterling.
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Bibliographic details
Gisborne Times, Volume V, Issue 146, 2 July 1901, Page 2
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275A Modern Policy. Gisborne Times, Volume V, Issue 146, 2 July 1901, Page 2
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